Charity Search / CROSSROADS RURAL ENTREPRENEURIAL INSTITUTE INC
Education (B99) 990 on File

CROSSROADS RURAL ENTREPRENEURIAL INSTITUTE INC

EIN: 80-0015714 · GALAX, VA 24333-2656 · United States · FY 2024 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$576K
Total Revenue
$743K
Total Expenses
$1.5M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.0%
Fundraising Efficiency N/A
Operating Reserve 25.02x
Liability-to-Asset 54.2%
Revenue Diversification 86.2%
Compared with Peers
FY 2024
Compared with 15,968 similar organizations (United States, Education, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
78.0% 89.3%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
22.0% 8.2%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
25.0 mo 9.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
54.2% 0.3%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
86.2% 89.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
-4.0% 8.4%
P10P90
Expense growth
Year over year expense growth
-3.7% 9.0%
P10P90
Surplus margin
Surplus as a share of revenue
-29.0% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $576K $743K $1.5M 78.0% 0
2023 $600K $772K $1.7M 74.1% 0
2022 $758K $675K N/A — 0
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Organization Details
EIN
80-0015714
State
VA
City
GALAX
ZIP
24333-2656
Classification
B99
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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